This book introduces a study of ethics and values to develop a deeper understanding of markets, business, and economic life.
"An outstanding work! This distinctive and illuminating textbook provides students with a thorough understanding of markets, property rights, and the role and responsibilities of corporations. It shows how the ethics of our business and economic lives are impacted by the values of efficiency and welfare, justice and liberty, desert and rights, as well as community and personal relationships. Steven Scalet does an excellent job of bringing alive sophisticated moral, political, and economic issues in an accessible, student-friendly text, full of pertinent examples and helpful illustrations."
-William H. Shaw, San Jose State University
"Steven Scalet's Markets, Ethics, and Business Ethics, 2nd Editionis an impressive text. Integrating several areas of study (namely, ethics, political philosophy, and economics), its clear prose makes many important but often puzzling ideas from within those areas easily accessible to newcomers. Fair-minded and comprehensive, Markets, Ethics, and Business Ethics, 2nd Editionis an invaluable guide for students who seek moral understanding of the modern economy."
-Craig Duncan, Ithaca College
"Scalet's Markets, Ethics, and Business Ethics,2nd Editionstrikes the right balance in all the right places. The coverage and approach of the book put key concepts in moral theory to work so that students are prepared for ethical problems in business contexts and social and economic life more generally. Perhaps its greatest strength is its integrative nature-the theoretical and practical connections it makes throughout and the connections its asks students to make, and build upon, in their own thinking and in their own lives."
-Terry L. Price, University of Richmond
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